Microsoft’s Mistral partnership avoids merger probe by British regulators

CNBC May 17, 2024
Ryan Browne

Key Points

– The U.K.’s Competition and Markets Authority cleared Microsoft’s AI partnership with Mistral of regulatory concerns after previously inviting views on whether the arrangement qualified as a merger.

– Under the terms of the deal, the U.S. tech giant receives a minority stake in Mistral, while the French company adds its large language models to the U.S. tech giant’s Azure cloud computing platform.

The U.K.’s Competition and Markets Authority cleared Microsoft’s artificial intelligence partnership with Mistral of regulatory concerns after previously inviting views on whether the arrangement qualified as a merger.

The CMA said in a brief update Friday that the deal “does not qualify for investigation under the merger provisions of the Enterprise Act 2002.”

A CMA...

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